Bap Supplies Ltd

Bap Equipment Ltd, based in Fredericton, New Brunswick, Canada, is a small company with an active status, founded six years ago in 2019. Employing just two people, the company holds £176,908 in assets and operates from a registered address that appears to be virtual, as thirty-nine companies share the same location. A solo founder and director, Gurkan Erdogan Koray, manages the business, which maintains a stellar 5.0 Google rating from four reviews. Bap Equipment regularly imports machinery, boilers, and mechanical appliances, parts, with the latest import activity recorded twenty-four months ago.

The company's website showcases a diverse range of industrial equipment and supplies, catering to industries like bathymetry, geomatics, and construction. It operates an e-commerce platform selling everything from surveying instruments and safety gear to specialized tools and equipment. The site also features a separate division focused on drafting equipment, suggesting a broader scope of operations.

Financially, Bap Equipment Ltd presents a mixed picture. Cash bank on hand has significantly dropped by 50%, falling to £4,300, while trade debtors have plummeted by 50%, reaching just £41,000. Creditors, however, have decreased by 14%, settling at £160,000, indicating improved debt management. Equity has seen a remarkable increase of 1,800%, reaching £29,000, a positive sign for the company's long-term viability. Net current assets and liabilities have also seen a dramatic shift, with liabilities rising to £17,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in cash reserves warrants attention. The financial statements are unaudited, and no auditor is mentioned, which is typical for small companies.

Despite these fluctuations, Bap Equipment Ltd seems to be navigating the challenges of a small business. The strong Google rating suggests customer satisfaction, and the diverse product range indicates a strategic approach to the industrial equipment market.

Registered in England/Wales under the registration number 11872697, with a registered address at N7 9DQ, England, London, 361 Caledonian Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.